You can transfer money out of Robinhood to your bank account in two to three business days
To move cash from Robinhood to your bank, you initiate a withdrawal through the app or website, select the bank account you linked when you opened your Robinhood account, and choose the amount. Robinhood processes the transfer as an ACH (Automated Clearing House) transaction, which typically takes two to three business days. You cannot withdraw money that is tied up in open positions — only settled cash sitting in your account.
If you want to move your actual investments (stocks, ETFs, or crypto) rather than just cash, you will need to sell those positions first, wait for the sale to settle, and then withdraw the proceeds. Alternatively, you can transfer securities directly to another brokerage through a process called ACAT (Automated Customer Account Transfer), though this is more complex and takes longer.
Key Takeaways
- Withdrawals from Robinhood to your linked bank account take two to three business days and move only settled cash, not investments.
- You must have a bank account linked to your Robinhood account before you can withdraw; you set this up during account creation.
- Money from stock or crypto sales must settle before you can withdraw it — typically one business day for stocks, longer for some other assets.
- If you want to move your actual investments to another brokerage, you can request an ACAT transfer, which takes one to two weeks.
How to withdraw cash through the Robinhood app or website
Open Robinhood and tap the Account icon (usually at the bottom right on mobile, or in the menu on desktop). Look for "Transfers" or "Withdraw Cash" — the exact label varies slightly by version. Select "Withdraw" and choose the bank account you want the money to go to. If you have only one linked account, it will be selected automatically.
Enter the amount you want to withdraw. Robinhood will show you how much settled cash is available — this is the only money you can move. Confirm the withdrawal. You will see a confirmation screen with the expected arrival date, which is typically two to three business days later. The money lands in your bank account as a standard ACH deposit; your bank may take an additional day to post it to your balance.
Once you submit a withdrawal, you cannot cancel it through the app. If you need to stop it, contact Robinhood support immediately — they can sometimes halt a transfer if it has not yet left their system, but this is not may provide.
Understanding settled cash versus unsettled cash
Robinhood distinguishes between settled cash (money you can withdraw) and unsettled cash (money waiting for trades to complete). When you sell a stock, the sale settles in one business day. When you sell a cryptocurrency, settlement is often immediate, but Robinhood may hold the cash for a short period. When you deposit money into your account, it settles in one to three business days depending on your bank.
Your Robinhood account shows both amounts separately. The "Buying Power" or "Cash Available" figure is what you can actually withdraw right now. If you try to withdraw more than your settled cash, Robinhood will reject the request. If you have unsettled cash and need to withdraw, you must wait for those trades to settle first.
What to do if your bank account is not linked
If you did not link a bank account when you created your Robinhood account, you can add one in the Account settings. Go to Account, then look for "Bank Accounts" or "Linked Accounts." Tap "Add Bank Account" and enter your routing number and account number. You can find both on a check, or log into your bank's website to locate them.
Robinhood will verify the account by depositing two small amounts (usually under one dollar each) into your bank account. Your bank will show these deposits within one to two business days. Once you see them, return to Robinhood and confirm the amounts to complete verification. Only after verification can you withdraw to that account.
Transferring investments to another brokerage
If you want to move your stocks, ETFs, or other securities themselves (not just the cash) to a different brokerage, you can request an ACAT transfer. This is different from a cash withdrawal — you are moving the actual positions, not selling them and withdrawing the proceeds.
To start an ACAT, contact the brokerage you want to move your investments to. They will guide you through their transfer process, which usually involves filling out a form and authorizing the new brokerage to request your account from Robinhood. Robinhood will then transfer the positions directly. This process typically takes one to two weeks. You cannot initiate an ACAT from Robinhood's side; the receiving brokerage must request it.
ACAT transfers are useful if you want to consolidate accounts or switch brokerages without triggering a taxable event by selling. However, some investments held at Robinhood (particularly certain cryptocurrencies or fractional shares) cannot be transferred and must be sold first.
Fees and limits on withdrawals
Robinhood does not charge a fee to withdraw cash to your linked bank account. The ACH transfer is free. Your bank may charge a fee for receiving an ACH deposit, but most banks do not.
Robinhood does not publicly state a maximum withdrawal amount per transaction or per day. However, your bank may have limits on how much you can receive via ACH in a single day or rolling period. If you are withdrawing a large sum, contact your bank first to confirm they will accept it, or plan to make multiple withdrawals over several days.
Troubleshooting common withdrawal problems
If your withdrawal is rejected, the most common reason is that you do not have enough settled cash. Check your account to see the exact amount available for withdrawal. If you recently sold investments, wait for the settlement period to complete — usually one business day for stocks.
If your bank account information is incorrect or your account fails verification, Robinhood will not be able to send the money. Double-check your routing number and account number against your bank statement or online banking portal. If the account is new or recently changed at your bank, it may take longer to verify.
If a withdrawal shows as pending for longer than three business days, or if the money never arrives in your bank account, contact Robinhood support with your withdrawal confirmation number. They can trace the transfer and determine whether it left Robinhood's system or is stuck at your bank.
Frequently Asked Questions
Can I withdraw money if I have unsettled cash from a recent deposit?
No. You can only withdraw settled cash. If you deposited money that has not yet cleared, you must wait for your bank to complete the deposit to Robinhood (one to three business days) before that cash becomes available for withdrawal.
What happens to my investments if I withdraw all my cash?
Withdrawing cash does not affect your investments. Your stocks, ETFs, and crypto remain in your account. You are only moving the uninvested cash balance. If you want to move the investments themselves, you must sell them first or request an ACAT transfer to another brokerage.
How long does it take money to show up in my bank account after I request a withdrawal?
Robinhood typically processes the transfer within one business day, and your bank receives it within two to three business days total. Some banks post ACH deposits immediately; others take an additional day. Check your bank's ACH processing schedule if you need the money by a specific date.
Can I withdraw to a bank account that is not in my name?
No. Robinhood requires that the bank account you link be in your name. This is a standard anti-fraud measure. You cannot withdraw to someone else's account, even if they are a family member or authorized user.
What if I want to move my Robinhood account to a different brokerage?
You have two options: withdraw your cash and open a new account elsewhere, then buy the same investments; or request an ACAT transfer of your securities to the new brokerage. ACAT is faster if you want to keep your positions intact and avoid selling. Contact your new brokerage to start the ACAT process.